Shanghai Dingheng Shipping Unveils Agenda to Build 100 Ships

Shanghai Dingheng Shipping Unveils Agenda to Build 100 Ships

Chinese tanker owner Shanghai Dingheng Shipping has inked a strategic cooperation agreement with local shipbuilders and steel and equipment manufacturers for its plan of constructing 100 ships in the next ten to twenty years.   The company’s parent Dinghen Group said...
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NSE emerges one of the top five best performing exchange in 2017

NSE emerges one of the top five best performing exchange in 2017

The value of public companies on global stock markets grew by $12.4 trillion in 2017, according to S&P Dow Jones Indices, which included dividends in its calculation.   According to CNN, a  number of markets even outperformed the U.S. Here’s...
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World’s largest amphibious plane in maiden China flight

World’s largest amphibious plane in maiden China flight

The world’s largest amphibious aircraft, China’s AG600, has made a successful one-hour maiden flight. The plane, roughly the size of a Boeing 737 but with four turboprop engines, lifted off from Zhuhai airport in the southern province of Guangdong....
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China to Conduct Ship Pollution Control

China to Conduct Ship Pollution Control

China has launched a year-long inspection campaign on Ship Pollution Control in the Hainan Province as part of its efforts to reduce air and water pollution associated with shipping, marine insurer Gard said. The Chinese Maritime Safety Authority (MSA) said i...
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Photo News

Photo News

Odion Ighalo (left), Footballer with Chinese club, Changchun Yatai F.C. and the Nigerian National team presents his club jersey to Governor Godwin Obaseki of Edo State during a visit to the governor to solicit support for the establishment of an...
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Online shopping comes under scrutiny

Online shopping comes under scrutiny

China has created a new law to impose heavy fines on internet shopping websites which publish false advertisements about their products. Vendors who delete negative online reviews or post fake positive reviews face a minimum $30,000 (£23,000) fine. The new...
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Nigeria elected VP UNWTO General Assembly

Nigeria elected VP UNWTO General Assembly

Nigeria, represented by the Minister of Information and Culture, Alhaji Lai Mohammed, has been elected Vice President of the United Nations World Tourism Organization (UNWTO) General Assembly.  Nigeria was elected by acclamation to represent Africa, alongside...
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Buhari extols Nigeria’s relationship with China

Buhari extols Nigeria’s relationship with China

The relationship between Nigeria and China is one that President Muhammadu Buhari cherishes and values highly, Presidential spokesman, Mr Femi Adesina, has said.   Mr Adesina stated this when he received in audience the Vice Minister of Information of State.....
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COSCO forecasts 50 % drop in profit

COSCO forecasts 50 % drop in profit

Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this year of up to 57 percent year-on-year. Specifically, the group’s net profit attributable to the equity holders is expected to range between...
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COSCO votes $1.7B on 14 ULCVs

COSCO votes $1.7B on 14 ULCVs

China COSCO Shipping Corp has embarked on a major shopping spree, adding 14 ultra large containership newbuilds to its fleet. The investment comes as the company targets routes from Asia to Europe prompted by new free trade deals, as informed by the China.....
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China donates N60m to Future Assured, Aisha Buhari’s Project

China donates N60m to Future Assured, Aisha Buhari’s Project

In recognition of the effort of Wife of the President, Mrs. Aisha Muhammadu Buhari to improve the lives of women and children across the country, especially victims of insurgency in the North East and on the issue of youth education...
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